On April 1, 2008, a company disposed of equipment for $14,200 cash that had cost $35,000 on January 1, 2004. The equipment had a salvage value of $5,000, and a useful life 10 years. The double-declining-balance depreciation method was used. On December 31, 2007, accumulated depreciation was $20,664. Prepare a journal entry to record depreciation for 2008 up to the date of disposal of the equipment, and prepare a journal entry to record the disposal of the equipment.